Tag: laying off non performers

Furlough vs Layoff, the big difference

The coronavirus pandemic isn’t only affecting people’s health and safety. It is also impacting people’s livelihoods as the virus hits the economy. The pandemic has brought the global economy to a halt. With restrictions on movement, nationwide lockdowns, and closure of businesses, the flow of money has become really slow. The virus has not only…

Why is laying off poor performers, “employee unfriendly” ?

I was reading a report on Economic Times, this morning (Infosys trimming up to 5,000 staff to scissor costs) and well i see the phrase – “employee unfriendly” being used for the company’s decision to trim up the organisation by letting go the poor performers. I wonder, why is it – “employee unfriendly”. It’s just…